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Publication: European Stars and Stripes Tuesday, July 15, 1986

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   European Stars And Stripes (Newspaper) - July 15, 1986, Darmstadt, Hesse                                Sides types n Nijm Egen marches Mark 70th anniversary Page 2 o the business of Selling Art to the military. Daily Magazine o today s Dollar buys 2.17 Marks Rales Page 27 the stars and 5f ripes auth Riillo uhf Ficili. Pic Tion Foi Thi . Humid Toutt vol. 45, no. B8 tuesday july 15,1986 Iko a tuna d 8693 a Spain blast kills 8 civil guards Madrid Spain a a car bomb exploded at Rush hour monday alongside a bus carrying civil guards through a Madrid neighbourhood killing eight of the paramilitary policemen and wounding at least 44 people officials said the blast bore All the earmarks of an attack by Eta. The Basque separatist organization police said and was the most serious attack carried out by the group since it began its Campaign of killing police civil guards and military officers in 1968, shortly after the explosion at dominican Republic Square about 3 Miles from the Center of the capital angry crowds gathered Ai the site littered by twisted Metal shards of Glass and mangled cars and shouted anti government and anti Eta slogans government spokesman Manuel moles said the bomb consisted of 110 pounds of plastic explosives packed inside a Van. He said in was set off by Remote control at 7 48 . As a bus carrying 58 civil guards passed by. Emly among the injured. Authorities reported 44 people wounded in the blast. At least a dozen civilians including a Street sweeper struck by flying Glass were among the casualties. The civil guard spokesman said some of the injured guards were in serious  blast shattered windows in buildings around the Square and damaged ground floor shops. Eta claimed responsibility for a similar april 25 car bomb attack in Madrid in which five civil guards  s deaths brought to 28 the number of Vic see Spain on Page 28 the wreckage of the ran that contained bomb is examined by police mid explosives experts in Madrid. App How . May name Block Man As envoy of Souffie Africa Washington a the Rea Gan administration is considering a Black businessman from North Caro Lina for nomination As the . Ambassador to South Africa an administration source said monday. Robert Brown 51, a Public relations and management consultant from High Point n.c., would succeed Herman Nickel who is now on Home leave. Earlier this year Brown led a group of Black educators to South Africa to help develop a . Program for training Brown teachers and otherwise improving education opportunities for Blacks in the country. He served As a special assistant to president Ninon and is a fiend of mayor Andrew Young of Atlanta and the Rev. Jesse Jackson. The source who demanded anonymity said there were other Candi dates under consideration As Well. These were understood to include Richard Viets 55. A career foreign service officer who was the . Ambassador to Jordan. At the while House spokesman Edward Djerejian was asked about the report that Brown would succeed Nickel which was first published in this week s Issue of time Magazine. Djerejian replied we have no com ment on presidential  Brown would be the first Black envoy to the while ruled country. A Black John Burroughs is the Consul general in Cape town. Nickel left South Africa last week for a monthlong vacation in Europe and the United states. He has served four years in a difficult Post a year longer than usual in the Pretoria assignment. Slate department officials said Nickel had not been recalled and tits absence from South Africa was not related to consideration of a Succes Sor. A vacation for Nickel was overdue and Brown and others have been under consideration Tor the Post for months officials said. The Reagan administration is in the midst of reassessing its policy to Ward South Africa in order to bring an end to the system of racial segregation known As apartheid. The time Magazine report said the appointment of Brown could dramatically affect the Reagan administration s policy of constructive engagement with South Africa s government. Brown is the embodiment of conciliation and Bridge building an unnamed Reagan administration official told the Magazine. Letters flood Congress hands off Ira benefits Washington a congressional offices Are reporting heavy mail these Days urging members not to change one of the most popular lax shelters Ever Given to americans who can afford to use in the individual retirement account in an Era when lobby groups and Trade associations can ant do generate mail to Congress through scare tactic and campaigns and Fili in the Blank Post cards the save the Ira movement is genuine. This is clearly not orchestrated says Willie Blacklow a spokesman for rep. Analyst George Miller a Calif. These people Are outraged. They re writing their own letters there is not a lot of pro Ira drum beating by groups like savings institutions and Mutual funds which hold huge amounts of Ira Money and could be affected if a Senate tax revision plan to rein in the tax shelter becomes Taw. Banks and savings and Loans have other priorities in the lax debate the first being to keep their write offs for the Money they set aside for bad debts. There s Only so Many things you can lobby on says Kirk Williamson of the american Bankers association. You Don t need special interests says sen. William Roth r-del., a Lead ing Ira Champion. This is a populist Issue iras have been around for 12 years initially created in 1974 to give people not covered by employer pension plans a Chance to save for retirement by sheltering some of their income from imme Diate taxation. By the end of 1981. $26.7 billion had been stashed in 3.4 million iras Accord ing to the Ira reporter which is published in Cleveland. The dam broke in 1982, after con Gress made Ira write offs a Universal lax shelter offering the Bounty to All work ing people corporate executives and counter clerks alike. All it lakes to claim the tax shelter is the ability to put some Money As much As 12,000 a year into a savings or investment account. The Money de posited is shielded from taxes and so is the interest it cams. The Money enjoys this favored status until the Saver reaches at least age 59w. When the Saver withdraws his funds both the principal and interest Are subject to taxes. Married couples in which one spouse does not work May Salt away 12,250 a year when both work they can put up to 14,000 in their iras. The Public knew a bargain when in saw in. Today the Ira reporter estimates the amount of Money in iras has reached $249.7 billion and is growing by about $35 billion each year. Estimates of the number of people with iras Range from 28 million to 33 million. Little wonder that mail is arriving to protest the provision in the Senate tax revision Bill that would eliminate the the duct ability of Ira deposits for people with company pension plans while keep sea Ira on Page 28  
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